3491 Palm AveHialeahFL33012
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hialeah at 3491 Palm Ave, Hialeah, FL, 33012 offers $7,195/mo rent that, after a $3,421/mo payment, leaves $2,557/mo cash flow. Total monthly income is $7,195/mo, and annual cash flow is $30,679/yr on $229,971 cash. Return on cash invested measures 33.4% in year one, and rental yield stands at 12.35% at a $699,000 entry. Equity gained on principal adds $4,511/yr while 5% annual appreciation compounds into $193,121 by year five. Five-year ROI records 175.74% and total cumulative return in cash reaches $404,162. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,195/mo property income versus a $3,421/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
6,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33012, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,567 (100%) |
| Owner Occupied HU | 12,167 (49.5%) |
| Renter Occupied HU | 11,978 (48.8%) |
| Vacant Housing Units | 422 ( 1.7%) |
| Median Home Value | $431,789 |
| Average Home Value | $455,001 |
Housing Distribution
Address Breakdown
Residential
24,377
Single Family
12,249
Multi-Family
12,128
Businesses
2,591
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